Italian Oil, Natural Gas Import Prices Push Up Inflation: ChartBy
Italian import prices for oil and natural gas recorded a 13.2 percent increase in December 2016 on an annual basis, the biggest rise since August 2012. A jump in inflation followed. Just a month later in January, the producer price index rose 2.8 percent, the biggest increase since November 2012. Consumer-price growth accelerated in February to 1.5 percent annually, the fastest since March 2013, according to a domestic gauge.